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Buying a pickup truck: How to choose Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our aim is to assist you make better financial decisions by offering interactive financial calculators and tools, publishing original and objective content, by enabling you to conduct your own research and analyze information for free and help you make informed financial decisions. Bankrate has partnerships with issuers such as, but not restricted to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn Profit The products that appear on this site are from companies that compensate us. This compensation can affect the way and where products appear on this website, for example such things as the order in which they appear in the listing categories in the event that they are not permitted by law for our mortgage and home equity products, as well as other products for home loans. However, this compensation will have no impact on the information we publish, or the reviews you see on this site. We do not cover the vast array of companies or financial offerings that could be open to you. AleksandarNakic/Getty Images
4 minutes read. Published April 20 20, 2022
Written by Kellye Guinan. Written Personal and business finance Contributor Kellye Guinan is a freelance editor and journalist with over five years of experience in personal financial. She also is an employee full-time at her local library where she assists her community access information about financial literacy, among other topics. Edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since late 2021. They are dedicated to helping their readers to manage their finances by providing detailed, well-researched, and well-written facts that break down complicated topics into bite-sized pieces. The Bankrate promise
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They ensure that what we write ensures that everything we publish is accurate, objective and reliable. Our loans reporters and editors concentrate on the points consumers care about the most -- the various kinds of lending options as well as the best rates, the most reliable lenders, ways to repay debt, and more -- so you'll be able to feel secure when investing your money. Editorial integrity
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If you have questions about money. Bankrate has the answers. Our experts have been helping you master your finances for more than four years. We continually strive to give our customers the right advice and tools required to make it through life's financial journey. Bankrate follows a strict policy, which means you can be confident that our content is truthful and precise. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual and uninfluenced by our advertisers. We're transparent about how we are able to bring quality content, competitive rates and helpful tools to you , by describing how we earn money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We receive compensation for the placement of sponsored products and, services, or when you click on certain links posted on our website. This compensation could affect the way, location and when the products are listed within categories, with the exception of those the law prohibits it for our mortgage or home equity products, as well as other products for home loans. Other factors, like our own rules for our website and whether or not a product is available in your area or at your self-selected credit score range may also influence how and when products appear on this website. Although we try to provide a wide range offers, Bankrate does not include specific information on every credit or financial item or product. Trucks are complex. There are many different models, and the size and strength you need will depend entirely on how you plan to use yours. Learn about the common features like powertrain axles, cab dimensions, and towing capacity prior to . Picking a pickup truck is going to take research but being prepared will make it easier to make an informed choice that fits your lifestyle and budget. How much horsepower do you need? A truck that has greater horsepower, towing capacity and torque will cost you more. It's not just about cost, of course, but you must consider whether you actually need a high level of power before spending thousands of dollars to purchase it. A diesel engine is a great option, and offers greater power can also cost you a lot. An engine with a V6 or V8 is the most common and have more power, but there are also four-cylinder engines to accommodate lighter loads. If you're looking to haul a lot for groceries, consider a more compact model that offers an automatic gas engine with good fuel efficiency. A smaller engine may be better for you and your budget. How much are you hauling? A mid-sized truck is the best bet if you don't plan on hauling trailers or big boats. They're more affordable and have better quality driving than their full-size counterparts. Midsize trucks can handle lighter loads rather than towing. Because of their lighter weight they also cost lower fuel costs. This means that if you've an item to pull, go for a full-size truck. There are heavy-duty and light duty alternatives for nearly every model that is full-size. Naturally, trucks designed for light-duty use will haul less , but in addition they provide better fuel efficiency due to their smaller weights. And remember: Towing capacity and payload capacity are two different things. Towing is the amount your truck can carry behind it. Payload is the amount it can handle in the bed. Even if you aren't planning to mount a strong-duty horse trailer to the back of your truck, be sure its payload meets your needs. Do you require four- or two-wheel drive? A truck that has two-wheel drive is less costly and provide . You'll have the option of choosing either rear or front-wheel drive. Whichever one you pick is best for staying on the road. A vehicle with four-wheel drive is more at handling off-road and slippery, icy conditions like on a boat launch. You'll get more grip, but it will not be as efficient in fuel. How much is the space you'll need in your cab? Cab space is likely one of the more important factors for casual truck drivers. In the majority of cases, a crew cab will be the best choice even though it will mean spending more money. Single-cabs: Single cabs are the classic two-door look. They usually only accommodate three persons, but they often have longer beds. Extended cab: Extended cabs are essentially the equivalent of a cab and half. There are two doors that are smaller and limited leg room in the back seat, but it's a good option to choose between two cab alternatives. Crew cab: Crew cabs are the one with four doors that resembles the SUV or sedan. The space of a crew cabin varies by model and trim, but they are the ideal choice for those who have backseat passengers regularly. Fuel options You are not restricted to gasoline or diesel. Companies like Ford are committed to offering additional options in the near future. But these are still relatively new options and might limit your payload or towing capacity. Between gas and diesel, diesel engines are slightly more efficient in terms of fuel consumption. They also provide greater power to trucks that are in use. However, they're also more expensive to buy and to fuel. For people who don't drive often an engine powered by gas could be the better choice. They offer more versatility and a lower price tag than electric or diesel engines. They are more likely to be found on them on the , too. Long or short bed? It is likely that the longer your bed, the smaller the cab. Therefore, if a team taxi is needed then you'll likely end up with a shorter bed. And if you need that longer bed, you may be forced to choose one or an extended cabin. One thing you should consider is how often you will be putting things in the bed. If your truck is mostly for looks -- and there's nothing wrong with this -- a narrower bed will be more convenient to move around and park. It's likely to also provide more than enough space when you do need to transport something bigger. Used or new? New trucks offer you the opportunity to be specific about every aspect of your vehicle inside and out. It's definitely a big investmentnew vehicles can be expensive however when you've got a particular style, technology, or other feature in mind then a new model is the best way to take. Conversely, a used truck is a more reasonable option. It is possible to find the exact model that you desire, but you will avoid that depreciation. And if you only need something practical There are many older models on the market that are affordable and durable. It all depends on your priorities and finances. A brand new vehicle will be expensive but could be more efficient in fuel usage or offer more tech. An older model truck might be less efficient in fuel, but the lower price can make it more affordable to drive. Manual or automated? It's more of an individual decision. There's not much variation in price between the two, although certain trucks might come with one or both. For urban or suburban drivers, automatic is an easier ride. But if you need more control while off-roading, manual transmission might suit you better. After you've thought about the major aspects of owning a vehicle, begin looking at specific models and trims. It will provide you with a clear idea of the budget you'll be contemplating. When you're aware of this, you'll be able to take a taxi at a reasonable interest rate.
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Written by Personal and business Finance writer Kellye Guinan is a freelance editor and writer with more than 5 years experience working in the field of personal finance. She is also a full-time worker at her local library, where she assists people in her community get information about financial literacy, among other subjects. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate from late 2021. They are committed to helping readers gain the confidence to take control of their finances with concise, well-researched and well-organized information that breaks down complex topics into manageable bites.
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